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20100901
20100930
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is going to break it down for us. what do these plans do with all that money? >> first off, the $50 billion infrastructure program would rebuild or build 150,000 miles of road, 4000 miles of railroad track, 115 miles of airport runways. essentially, that would be paid for with taxes on the oil and gas industries. it's a six-year program, no new jobs created immediately, and much of the criticism is that it is essentially a payoff to the unions. there is a second plan to be unveiled tomorrow, the "wall street journal" saying that this is a $200 billion plan, $200 billion worth of tax breaks for businesses. it would speed up the writeoff, for example, bill, you spend $10,000 on a computer right now, and immediately, that $10,000 comes off your business income, taxable business income. overall, no new jobs created immediately, some say that this is the president scrambling because his polls on the economy are looking very, very bad, and both of those plans would require a vote in congress, which is not likely. bill: wow, so here we are, post labor day. i can't think of a bigger issue in the co
the u.s. government orchestrated the attack to reverse the declining american economy and its grips on the middle east in order to save the zionist regime. martha: pretty incredible, huh? the u.s. delegation thought so, too, they stood up and stormed out of the room on that. the obama administration called the iranian leader's comments outrageous and offensive and around new york, listen to this: thousands of people out there, they have been protesting his presence in this city for days, they even blasted his hotel for even accommodating him. bill we are awaiting at the moment a news conference in new york where ahmadinejad will speak yet again. certainly this topic and more will come up. good morning here in new york. >>> their company got your bailout dollars, now chrysler workers caught on video doing -- videotape doing more than just changing sparkplugs, chugging beer and smoking marijuana in the motor city. the exclusive investigation, carried out by a news team, wjbk television, has the evidence on videotape and these fellows were not shy. stuart varney, anchor of varney & com
on in the election period. bill: are you at a hardware store, and small business in america, they have told us repeatedly they've been ignored. as we reflect in 2010 on the differences for the first contract in 1994, how different is it, shannon? >> reporter: well, even in just a rollout bill that you can see, that rollout back in 1994, contract with america, was on the steps of the u.s. capitol, everybody was in a suit and tie, there were dozens of lawmakers and candidates who actually physically signed on to this pledge, these ten items. today, we're out in suburban virginia, outside of washington, it's at a lumber yard, and this rollout today is going to start with a small business round table, they it's all about focusing on jobs, the economy, the folks we've seen here this morning, congressmen and women, they're not in suits and ties, they've got their shirt sleeves rolled up and are ready to get down to business. they want this to be a different rollout. they say a lot of the ideas are parallel from 1994 but they say this time they listened to the american people, they say these ideas co
maccallum, thank you for being with us today. here's the issue, the guard en arches is denying those reports that they are considering not providing coverage. bill: the white house is saying the story is flat out wrong. stuart varney, the story is in the "wall street journal," owned by our parent company, by the way. what is the story? >> the "wall street journal" has gotten ahold of a letter from mcdonald's to the feds and that letter says, and i quote, now it would be economically prohibitive for our carrier to continue offering coverage, they say we can't afford to offer health care coverage for 30,000 of our employees under the current rules of the expected future rules of health care reform. bill, i have to to tell you, the speed and intensity of the denials of the story tell you how important it is. because at stake is president obama's promise that you will be able to keep the program, the coverage, the policy that you've got now if you like it. bill: tell me more about the pushback, the strength of the denial means what? >> well, look, you've got health and human services coming out
will join us for the after the show show. log on for our after the show show right now. >> peter: see you tomorrow, folks. economy, here's the weekly drum beat on jobs in america, 450,000 americans filing for first time unemployment benefits last week, that's down just a notch, down about 3000 from a week earlier, still not nearly enough to ease concerns on the economy. much more on that as we get rolling right now here in "america's newsroom". >>> there are new cracks showing in the democratic ranks ahead of the midterm elections over the hot issue of the bush tax cuts expiring. this is picking up by the day. good morning, everybody, i'm bill hemmer, live in "america's newsroom". how you doing, martha. martha: hi everybody, i'm martha maccallum. president obama facing growing opposition from members of his own party. this is the hot issue of the day, folks, over raising taxes on the highest earners in this country. now, some democrats, asking if that move, if raising it for the wealthy, could cause more harm than good. listen to this: >> so raising anyone's taxes at this moment in time i
maccallum, good to have you with us this morning. midterm elections are two months away and the president is expected to say that the bush tax cuts will be extended for some but not for all americans. bill: also martha is former budget director who was in the job a few months ago who said this is not a good idea, ready for a stalemate are new what's new. stuart varney, fox business network, host of varney & company. first the news, what do we expect to hear on the economy? >> today the president goes to cleveland, he is going to be pushing for a $200 billion tax credit plan, part of the overall stimulus program, he's going to get personal, he's going to talk about his own financial struggles, to use that as a way to leverage off on the economy front. that's what's going to happen today, bill. you mentioned stalemate there, and that's exactly what we've got. in a nutshell, if you look at overall policy, you do have stalemate. here's what you've got: you've got the president, he wants to spend, republicans and some democrats do not. the president wants to tax, republicans and some democrats
Search Results 0 to 5 of about 6